Taxation

There is no direct taxation imposed on Caymanians and Cayman Island companies. The government receives the majority of its income from indirect taxation. A 20% duty is levied against imported goods. Some items are exempted like baby formula, books and cameras. Duty on automobiles depends on the class and make of the model; duty can [...]

Health care

The Cayman Islands have a modern health care system. There are two hospitals in George Town, the government run George Town Hospital and the smaller, private Chrissie Tomlinson Memorial Hospital. Additionally, Faith Hospital is an eighteen-bed facility on Cayman Brac. The Government maintains a satellite clinic on Little Cayman. Health insurance is handled by private [...]

Economy

The Cayman Islands are also the “Switzerland of the Caribbean ‘, and because here are the most banks, including the largest, with branches on the ground; favors this status here by the prevailing tax exemption, the capital of George Town on the fifth of the World Financial Center was created. In addition, Asian companies such [...]

Geography

The Cayman Islands are located in the western Caribbean Sea. They are the peaks of a massive underwater ridge, known as the Cayman Trench, standing 8,000 feet (2,400 m) from the sea floor, which barely exceeds the surface. The islands lie in the centre of the Caribbean south of Cuba and West of Jamaica. They [...]

History

The Cayman Islands were first sighted by European eyes when Christopher Columbus, on 10 May 1503, encountered them during his disastrous fourth and final voyage to the New World. He named them Las Tortugas after the numerous sea turtles there. The first recorded English visitor to the islands was Sir Francis Drake, who landed there [...]

When to Go

Mid-December to mid-April (winter) is the peak tourist season, when hotel rates are substantially higher and beaches and lodgings more crowded. As such, summer is a great time to come. The weather’s warm, accommodation cheaper (down by as much as 40%) and the crowds thinner. There is more rain in summer, but it tends to [...]

George Town

George Town, Grand Cayman, is the capital of the Cayman Islands, in the British West Indies. The town has a population of 20,626 (1999 estimates). George Town is the heart of the Cayman Islands financial industry, with over 600 banks located there. Most of these are small one room operations, some having no physical location [...]

Cayman Islands

The Cayman Islands are a British overseas territory located in the western Caribbean Sea, comprising the islands of Grand Cayman, Cayman Brac, and Little Cayman. It is an offshore financial centre and one of the leading tourist scuba diving destinations in the world.